Exeo Entertainment, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended August 31, 2021
October 22, 2021 at 06:11 am EDT
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Exeo Entertainment, Inc. reported earnings results for the third quarter and nine months ended August 31, 2021. For the third quarter, the company reported sales was USD 0.002033 million compared to USD 0.005101 million a year ago. Net loss was USD 0.169386 million compared to USD 0.340483 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
For the nine months, sales was USD 0.010757 million compared to USD 0.019377 million a year ago. Net loss was USD 1.02 million compared to USD 0.93745 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 0.04 a year ago.
Exeo Entertainment, Inc. is engaged in designing, developing, licensing, manufacturing, and marketing consumer electronics in the video gaming, music, and smart television (TV) sectors. The Company's products under development include the Psyko 5.1 surround sound gaming headphones for consoles and the Krankz MAXX Bluetooth wireless headphones. The Companyâs products also include the Zaaz Keyboard and the Extreme Gamer. Its Psyko headphones use a patented method of sound delivery that doesnât require the use of digital signal processing (DSP). The Companyâs Krankz wireless headphones work with mobile devices and have a retractable, foldable design with a built-in microphone and noise canceling feature. Its driver design provides a deep bass sound with clear midrange audio for a full range of use up to 30 meters distance. The Company also distributes and sells Ford cell phone accessories through all wholesale and retail channels in the United States and Canada.
EXEO ENTERTAINMENT, INC. 
